1, NOURSE CLOSE, CHELTENHAM, GL53 0NQ - £725,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NOURSE CLOSE is a midsized extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £725,000 in October 2022, which was around 15% above the average October 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

1 NOURSE CLOSE Sold Prices

Land registry data shows four sales for 1 NOURSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. two of the four 1 NOURSE CLOSE sales were for above the average price, and four were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 25 OCT	£725,000	£630,783	15% above HPI
2005 23 AUG	£272,500	£308,740	12% below HPI
2002 9 MAY	£217,500	£227,690	4% below HPI
2000 25 MAY	£194,950	£178,099	9% above HPI

1 NOURSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 1 NOURSE CLOSE sales between May 2000 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 NOURSE CLOSE?

1 NOURSE CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 1 NOURSE CLOSE lies on this distribution: 57% of detached houses are smaller than 1 NOURSE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

1 NOURSE CLOSE: Plot and Title Map

1 NOURSE CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 NOURSE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 NOURSE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 NOURSE CLOSE?

1 NOURSE CLOSE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 1 on NOURSE CLOSE.